Bed Bath & Beyond Falling Stock Puts Hedge Fund Rescue at Risk (BBBY) - Bloomberg: Additional funds dependent on maintaining stock-price targets; shares have tumbled over 70%, at risk of breaching threshold
Amazon’s and Other Tech Firms’ Dwindling Demand Upends Office Market - WSJ: Amazon’s decision to delay building part of its Virginia campus is the latest sign that fading demand from tech companies is becoming a problem for the commercial real-estate sector.
Silvergate Bank to release nearly $9.9 million to BlockFi: This comes days after Silvergate said it was in the "process of reevaluating its business strategies" and companies severed ties.
Crypto Companies Behind Tether Used Falsified Documents and Shell Companies to Get Bank Accounts - WSJ: Tether Holdings and a related crypto broker used “cat and mouse tricks” to obscure identities, documents show.
The Block: Moody's sees 'significant governance deficiencies' in Silvergate: Downgrades "highlight significant governance deficiencies in terms of the bank's risk management and its ability to properly assess and respond to abruptly changing operating conditions for its specialized business model, increasing the institution's exposure to adverse developments"
SEC staff believe Binance.US is operating an unregistered securities exchange: “The commission has not made any determination on either of these issues and the staff beliefs do not represent the position of the commission,” Uptegrove said during a hearing in the U.S. Bankruptcy Court for the Southern District of New York.
Silvergate suspends Silvergate Exchange Network as company reels from crises: Silvergate’s Silvergate Exchange Network (SEN) will shut down as part of a “risk based decision,” the bank said.
Twitter’s Revenue, Adjusted Earnings Fell About 40% in Month of December - WSJ: The drop came after many advertisers ditched the social-media platform following Elon Musk’s takeover.
Texts From Crypto Giant Binance Reveal Plan to Elude U.S. Authorities - WSJ: The exchange was intertwined with an American firm portrayed as independent. Now, regulators are circling.